Declared Dividend • Jul 31
Second quarter dividend of US$0.28 announced Shareholders will receive a dividend of US$0.28. Ex-date: 6th August 2026 Payment date: 20th August 2026 Dividend yield will be 1.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 28
Second quarter 2026 earnings released: EPS: US$1.48 (vs US$1.32 in 2Q 2025) Second quarter 2026 results: EPS: US$1.48 (up from US$1.32 in 2Q 2025). Revenue: US$622.9m (up 6.0% from 2Q 2025). Net income: US$65.7m (up 9.7% from 2Q 2025). Profit margin: 11% (in line with 2Q 2025). Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Aankondiging • Jul 28
Franklin Electric Co., Inc. Raises Earnings Guidance for the for Full Year 2026 Franklin Electric Co., Inc. raised earnings guidance for the for full year 2026. For the period, the company raising its guidance for full year 2026 net sales to be in the range of $2.21 billion to $2.29 billion. Aankondiging • Jul 27
Franklin Electric Co., Inc. Declares Quarterly Cash Dividend, Payable on August 20, 2026 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.28 per share payable on August 20, 2026, to shareholders of record on August 6, 2026. Aankondiging • Jul 14
Franklin Electric Co., Inc. to Report Q2, 2026 Results on Jul 28, 2026 Franklin Electric Co., Inc. announced that they will report Q2, 2026 results at 8:00 AM, US Eastern Standard Time on Jul 28, 2026 Buy Or Sell Opportunity • Jul 08
Now 20% undervalued Over the last 90 days, the stock has risen 6.0% to €88.50. The fair value is estimated to be €111, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.8%. Revenue is forecast to grow by 3.5% in a year. Earnings are forecast to grow by 39% in the next year. Aankondiging • Apr 30
Franklin Electric Co., Inc. Reiterates Its Earnings Guidance for Full Year 2026 Franklin Electric Co., Inc. reiterated its earnings guidance for full year 2026. The Company is maintaining its guidance for full year 2026 net sales to be in the range of $2.17 billion to $2.24 billion. Aankondiging • Apr 28
Franklin Electric Co., Inc. announces Quarterly dividend, payable on May 21, 2026 Franklin Electric Co., Inc. announced Quarterly dividend of USD 0.2800 per share payable on May 21, 2026, ex-date on May 07, 2026 and record date on May 07, 2026. Aankondiging • Apr 14
Franklin Electric Co., Inc. to Report Q1, 2026 Results on Apr 28, 2026 Franklin Electric Co., Inc. announced that they will report Q1, 2026 results at 8:00 AM, US Eastern Standard Time on Apr 28, 2026 Aankondiging • Mar 26
Franklin Electric Co., Inc., Annual General Meeting, May 08, 2026 Franklin Electric Co., Inc., Annual General Meeting, May 08, 2026. Location: franklin electric global headquarters, 9255 coverdale road, fort wayne, indiana 46809, United States Aankondiging • Feb 17
Franklin Electric Co., Inc. Provides Earnings Guidance for the Year 2026 Franklin Electric Co., Inc. provided earnings guidance for the year 2026. The Company expects its guidance for full year 2026 sales to be in the range of $2.17 billion to $2.24 billion. Aankondiging • Feb 03
Franklin Electric Co., Inc. to Report Q4, 2025 Results on Feb 17, 2026 Franklin Electric Co., Inc. announced that they will report Q4, 2025 results at 8:00 AM, US Eastern Standard Time on Feb 17, 2026 Aankondiging • Jan 26
Franklin Electric Co., Inc. Declares Payment of Quarterly Cash Dividend, Payable February 19, 2026 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.28 per share payable February 19, 2026, to shareholders of record on February 5, 2026. This represents a 5.7% increase from the prior quarterly dividend. Aankondiging • Oct 28
Franklin Electric Co., Inc. Maintains Earnings Guidance for the Full Year 2025 Franklin Electric Co., Inc. maintained earnings guidance for the full year 2025. For the period, the Company is maintaining the midpoint of its guidance for full year 2025 sales to be in the range of $2.09 billion to $2.15 billion and full year 2025 EPS to be in the range of $4.00 to $4.20 without the impact of the pension termination. Aankondiging • Oct 27
Franklin Electric Declares Quarterly Cash Dividend, Payable November 20, 2025 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable November 20, 2025, to shareholders of record on November 6, 2025. Aankondiging • Oct 14
Franklin Electric Co., Inc. to Report Q3, 2025 Results on Oct 28, 2025 Franklin Electric Co., Inc. announced that they will report Q3, 2025 results at 8:00 AM, Eastern Standard Time on Oct 28, 2025 Aankondiging • Jul 15
Franklin Electric Co., Inc. to Report Q2, 2025 Results on Jul 29, 2025 Franklin Electric Co., Inc. announced that they will report Q2, 2025 results at 8:00 AM, US Eastern Standard Time on Jul 29, 2025 Aankondiging • May 09
Franklin Electric Co., Inc. Announces Board Appointments The Board of Directors of Franklin Electric Co., Inc. has elected Jennifer L. Sherman, President and Chief Executive Officer of Federal Signal Corporation, as Chairperson effective as of May 2, 2025 for a term expiring at the 2026 Annual Meeting of Shareholders. Ms. Sherman has been a Director of the Company since 2015. In addition, the Company announced that Mark A. Carano, Vice President, Chief Financial Officer and Treasurer of SPX Technologies, Inc. has been appointed as a director of the Company effective May 7, 2025 for a term expiring at the 2027 Annual Meeting of Shareholders. Mr. Carano has served in that role since 2023. Prior thereto, Mr. Carano served as Senior Vice President, Chief Financial Officer and Treasurer of Insteel Industries, Inc., and Chief Financial Officer of Big River Steel LLC, following 14 years in investment banking. Mr. Carano earned a Bachelor of Arts degree from Vanderbilt University and an MBA from Northwestern University’s Kellogg Business School. Aankondiging • May 07
Franklin Electric Co., Inc. Announces Retirement of Executive Chairperson Gregg C. Sengstack, Effective April 23, 2025 Franklin Electric Co., Inc. announced effective as of April 23, 2025, Gregg C. Sengstack retired as Executive Chairperson of the Company. Mr. Sengstack will continue to serve as a member of the Company’s Board of Directors. In connection with his retirement, the Company and Mr. Sengstack entered into a Retirement and Consulting Agreement. Aankondiging • Apr 30
Franklin Electric Co., Inc. Updates Financial Guidance for the Full Year 2025 Franklin Electric Co., Inc. updated financial guidance for the full year 2025. The Company is maintaining its guidance for full year 2025 sales to be in the range of $2.09 billion to $2.15 billion and reducing the low end of its earnings guidance and now expects full year 2025 EPS to be in the range of $3.95 to $4.25. Aankondiging • Apr 28
Franklin Electric Co., Inc. Declares Quarterly Cash Dividend, Payable on May 22, 2025 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable May 22, 2025, to shareholders of record on May 8, 2025. Aankondiging • Apr 15
Franklin Electric Co., Inc. to Report Q1, 2025 Results on Apr 29, 2025 Franklin Electric Co., Inc. announced that they will report Q1, 2025 results at 8:00 AM, US Eastern Standard Time on Apr 29, 2025 Aankondiging • Apr 04
Franklin Electric Co., Inc. Announces Russell Fleeger Will Assume the Role of Chief Financial Officer on an Interim Basis Franklin Electric Co., Inc. announced that on March 28, 2025, Russell Fleeger, currently the Chief Financial Officer of the Company's Water Systems Segment, will additionally assume the role of Chief Financial Officer on an interim basis until such time as a full time Chief Financial Officer is appointed and begins to serve in that capacity. Aankondiging • Feb 24
Franklin Electric Co., Inc., Annual General Meeting, May 02, 2025 Franklin Electric Co., Inc., Annual General Meeting, May 02, 2025. Aankondiging • Feb 19
Franklin Electric Co., Inc. Provides Earnings Guidance for the Full Year 2025 Franklin Electric Co., Inc. provided earnings guidance for the full year 2025. For the year, the company expects sales including the impact of its recently announced acquisitions to be in the range of $2.09 billion to $2.15 billion and full year 2025 EPS to be in the range of $4.05 to $4.25. Aankondiging • Feb 04
Franklin Electric Co., Inc. to Report Q4, 2024 Results on Feb 18, 2025 Franklin Electric Co., Inc. announced that they will report Q4, 2024 results at 8:00 AM, US Eastern Standard Time on Feb 18, 2025 Aankondiging • Jan 28
Franklin Electric Declares Payment of Increased Quarterly Cash Dividend, Payable on February 20, 2025 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable February 20, 2025, to shareholders of record on February 6, 2025. Declared Dividend • Nov 04
Third quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 7th November 2024 Payment date: 21st November 2024 Dividend yield will be 1.1%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Oct 30
Franklin Electric Co., Inc. Provides Earnings Guidance for the Year 2024 Franklin Electric Co., Inc. provided earnings guidance for the year 2024. For the year, the company expects lowering its sales guidance for full year 2024 to be approximately $2.00 billion and reducing its EPS guidance for full year 2024 to be in the range of $3.75 to $3.85 which incorporates the Company’s first nine
months performance and its outlook for the fourth quarter. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: US$1.19 (vs US$1.25 in 3Q 2023) Third quarter 2024 results: EPS: US$1.19 (down from US$1.25 in 3Q 2023). Revenue: US$531.4m (down 1.3% from 3Q 2023). Net income: US$54.6m (down 5.2% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 7% per year. Aankondiging • Oct 28
Franklin Electric Declares Quarterly Dividend , Payable November 21, 2024 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable November 21, 2024, to shareholders of record on November 7, 2024. Aankondiging • Oct 15
Franklin Electric Co., Inc. to Report Q3, 2024 Results on Oct 29, 2024 Franklin Electric Co., Inc. announced that they will report Q3, 2024 results at 8:00 AM, US Eastern Standard Time on Oct 29, 2024 Recent Insider Transactions • Aug 02
Executive Chairman recently sold €1.5m worth of stock On the 31st of July, Gregg Sengstack sold around 15k shares on-market at roughly €97.46 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregg has been a net seller over the last 12 months, reducing personal holdings by €3.2m. Declared Dividend • Jul 29
Second quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 1st August 2024 Payment date: 15th August 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: US$1.28 (vs US$1.29 in 2Q 2023) Second quarter 2024 results: EPS: US$1.28 (down from US$1.29 in 2Q 2023). Revenue: US$543.3m (down 4.6% from 2Q 2023). Net income: US$59.1m (flat on 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 11% per year. Aankondiging • Jul 10
Franklin Electric Co., Inc. to Report Q2, 2024 Results on Jul 23, 2024 Franklin Electric Co., Inc. announced that they will report Q2, 2024 results at 8:00 AM, US Eastern Standard Time on Jul 23, 2024 Buy Or Sell Opportunity • Jun 10
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.4% to €87.50. The fair value is estimated to be €112, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 4.4% in a year. Earnings are forecast to grow by 8.3% in the next year. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Independent Director Chris Villavarayan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • May 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.1% to €88.50. The fair value is estimated to be €111, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 4.4% in a year. Earnings are forecast to grow by 8.5% in the next year. Buy Or Sell Opportunity • May 03
Now 20% undervalued Over the last 90 days, the stock has risen 2.9% to €90.00. The fair value is estimated to be €113, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 4.4% in a year. Earnings are forecast to grow by 8.5% in the next year. Reported Earnings • May 01
First quarter 2024 earnings released: EPS: US$0.71 (vs US$0.81 in 1Q 2023) First quarter 2024 results: EPS: US$0.71 (down from US$0.81 in 1Q 2023). Revenue: US$460.9m (down 4.9% from 1Q 2023). Net income: US$33.0m (down 12% from 1Q 2023). Profit margin: 7.2% (down from 7.7% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year. Declared Dividend • Apr 29
Fourth quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 1st May 2024 Payment date: 16th May 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Apr 17
Franklin Electric Co., Inc. to Report Q1, 2024 Results on Apr 30, 2024 Franklin Electric Co., Inc. announced that they will report Q1, 2024 results at 8:00 AM, US Eastern Standard Time on Apr 30, 2024 Recent Insider Transactions • Feb 28
Chairman & CEO recently sold €955k worth of stock On the 26th of February, Gregg Sengstack sold around 10k shares on-market at roughly €92.14 per share. This transaction amounted to 2.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregg has been a net seller over the last 12 months, reducing personal holdings by €4.4m. Aankondiging • Feb 14
Franklin Electric Co., Inc. Provides Earnings Guidance for the Full Year 2024 Franklin Electric Co., Inc. provided earnings guidance for the full year 2024. The company expects its full year 2024 sales to be in the range of $2.10 billion to $2.17 billion and full year 2024 EPS to be in the range of $4.22 to $4.40. Reported Earnings • Feb 14
Full year 2023 earnings released: EPS: US$4.17 (vs US$4.03 in FY 2022) Full year 2023 results: EPS: US$4.17 (up from US$4.03 in FY 2022). Revenue: US$2.07b (up 1.0% from FY 2022). Net income: US$193.3m (up 3.6% from FY 2022). Profit margin: 9.4% (up from 9.1% in FY 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 31
Franklin Electric Co., Inc. to Report Q4, 2023 Results on Feb 13, 2024 Franklin Electric Co., Inc. announced that they will report Q4, 2023 results at 8:00 AM, US Eastern Standard Time on Feb 13, 2024 Declared Dividend • Jan 29
Third quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 31st January 2024 Payment date: 15th February 2024 Dividend yield will be 1.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.6% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Jan 23
Franklin Electric Co., Inc. Increases Quarterly Cash Dividend, Payable on February 15, 2024 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable February 15, 2024, to shareholders of record on February 1, 2024. This represents an 11% increase from the prior quarterly dividend. New Risk • Dec 05
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €831k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Dec 05
Chairman & CEO recently sold €748k worth of stock On the 1st of December, Gregg Sengstack sold around 9k shares on-market at roughly €83.09 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregg has been a net seller over the last 12 months, reducing personal holdings by €3.4m. Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: US$1.25 (vs US$1.26 in 3Q 2022) Third quarter 2023 results: EPS: US$1.25 (down from US$1.26 in 3Q 2022). Revenue: US$538.4m (down 2.4% from 3Q 2022). Net income: US$57.8m (down 1.1% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 24
Franklin Electric Co., Inc. Declares Quarterly Cash Dividend, Payable on November 16, 2023 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.225 per share payable November 16, 2023, to shareholders of record on November 2, 2023. Aankondiging • Oct 11
Franklin Electric Co., Inc. to Report Q3, 2023 Results on Oct 24, 2023 Franklin Electric Co., Inc. announced that they will report Q3, 2023 results at 8:00 AM, Eastern Standard Time on Oct 24, 2023 Aankondiging • Aug 05
Franklin Electric Co., Inc. Announces Retirement of Donald Kenney as President, Global Water Franklin Electric Co., Inc. announcing that, effective July 31, 2023, Donald Kenney retired from his positions as Vice President of the Company and President, Global Water. In connection with his planned retirement, Mr. Kenney entered into a Consulting Agreement with the Company, effective August 1, 2023. Pursuant to the Agreement, Mr. Kenney will provide consulting and transition services, as requested by the Company, for a fee of $15,000 per month through December 31, 2023. Recent Insider Transactions • Aug 04
Chairman & CEO recently sold €1.1m worth of stock On the 2nd of August, Gregg Sengstack sold around 12k shares on-market at roughly €90.04 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregg has been a net seller over the last 12 months, reducing personal holdings by €4.5m. Aankondiging • Jul 26
Franklin Electric Co., Inc. Maintains Earnings Guidance for the Year 2023 Franklin Electric Co., Inc. maintained earnings guidance for the year 2023. For the year, sales to be in the range of $2.15 billion to $2.25 billion and full year 2023 EPS to be in the range of $4.25 to $4.45. Reported Earnings • Jul 26
Second quarter 2023 earnings released: EPS: US$1.29 (vs US$1.28 in 2Q 2022) Second quarter 2023 results: EPS: US$1.29 (up from US$1.28 in 2Q 2022). Revenue: US$569.2m (up 3.3% from 2Q 2022). Net income: US$59.6m (flat on 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 26% per year. Aankondiging • Jul 25
Franklin Electric Co., Inc. Declares Quarterly Cash Dividend, Payable on August 17, 2023 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.225 per share payable August 17, 2023, to shareholders of record on August 3, 2023. Aankondiging • Jul 12
Franklin Electric Co., Inc. to Report Q2, 2023 Results on Jul 25, 2023 Franklin Electric Co., Inc. announced that they will report Q2, 2023 results at 8:00 AM, US Eastern Standard Time on Jul 25, 2023 Aankondiging • Jul 06
Franklin Electric Co., Inc. Announces Executive Changes Franklin Electric Co., Inc. announced that Donald Kenney, President, Global Water, will be retiring after 25 years with the company. Kenney was a driving force behind Franklin Electric’s Global Water growth and strategy over the last decade, and he will remain with the company through the end of July to ensure a smooth transition to his successor, Greg Levine. Levine will join Franklin Electric on July 3 from Nidec Corporation, where he served as President of the Motion Control and Drives business for the past six years. In his new role, Levine will be responsible for Franklin Electric’s global Water Systems business. Levine served in global profit and loss and technology roles for Nidec for 13 years, where he oversaw an international team of 3,800 individuals across 13 operational sites. During his time with Nidec, Levine positioned the company to grow two-fold in five years through organic growth and acquisitions. Before working at Nidec, Levine held senior engineering roles at Emerson for 15 years. Recent Insider Transactions • Jun 02
VP & President of Global Water recently sold €102k worth of stock On the 30th of May, Donald Kenney sold around 1k shares on-market at roughly €87.68 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €769k. Insiders have been net sellers, collectively disposing of €7.4m more than they bought in the last 12 months. Recent Insider Transactions • May 08
VP & President of Headwater Companies recently sold €106k worth of stock On the 4th of May, DeLancey Davis sold around 1k shares on-market at roughly €84.65 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €829k. Insiders have been net sellers, collectively disposing of €6.4m more than they bought in the last 12 months. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$0.81 (vs US$0.64 in 1Q 2022) First quarter 2023 results: EPS: US$0.81 (up from US$0.64 in 1Q 2022). Revenue: US$484.6m (up 7.3% from 1Q 2022). Net income: US$37.3m (up 26% from 1Q 2022). Profit margin: 7.7% (up from 6.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Mar 16
VP & President of Global Water recently sold €243k worth of stock On the 10th of March, Donald Kenney sold around 3k shares on-market at roughly €86.82 per share. This transaction amounted to 8.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €829k. Insiders have been net sellers, collectively disposing of €6.3m more than they bought in the last 12 months. Recent Insider Transactions • Mar 09
Chairman recently sold €829k worth of stock On the 2nd of March, Gregg Sengstack sold around 9k shares on-market at roughly €89.66 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregg has been a net seller over the last 12 months, reducing personal holdings by €5.0m. Recent Insider Transactions • Feb 28
Insider recently sold €105k worth of stock On the 23rd of February, Kenneth Keene sold around 1k shares on-market at roughly €91.17 per share. This transaction amounted to 75% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.9m more than they bought in the last 12 months. Aankondiging • Feb 15
Franklin Electric Co., Inc. Provides Earning Guidance for Full Year 2023 Franklin Electric Co., Inc. provided earning guidance for full year 2023. The Company expects its full year 2023 sales to be in the range of $2.1 billion to $2.2 billion and full year 2023 EPS to be in the range of $4.10to $4.30. Reported Earnings • Feb 15
Full year 2022 earnings released: EPS: US$4.02 (vs US$3.30 in FY 2021) Full year 2022 results: EPS: US$4.02 (up from US$3.30 in FY 2021). Revenue: US$2.04b (up 23% from FY 2021). Net income: US$187.3m (up 23% from FY 2021). Profit margin: 9.2% (in line with FY 2021). Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Aankondiging • Feb 01
Franklin Electric Co., Inc. to Report Q4, 2022 Results on Feb 14, 2023 Franklin Electric Co., Inc. announced that they will report Q4, 2022 results at 8:00 AM, US Eastern Standard Time on Feb 14, 2023 Aankondiging • Jan 24
Franklin Electric Co., Inc. Increases Quarterly Cash Dividend, Payable on February 16, 2023 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.225 per share payable February 16, 2023, to shareholders of record on February 2, 2023. This represents a 15% increase from the prior quarterly dividend. Recent Insider Transactions • Nov 23
VP & President of Headwater Companies recently sold €83k worth of stock On the 21st of November, DeLancey Davis sold around 1k shares on-market at roughly €82.87 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.1m more than they bought in the last 12 months. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: US$1.26 (vs US$0.99 in 3Q 2021) Third quarter 2022 results: EPS: US$1.26 (up from US$0.99 in 3Q 2021). Revenue: US$551.7m (up 20% from 3Q 2021). Net income: US$58.4m (up 27% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Revenue is forecast to stay flat during the next 3 years compared to a 4.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 26
Franklin Electric Co., Inc. Provides Earnings Guidance for the Year 2022 Franklin Electric Co., Inc. provided earnings guidance for the year 2022. The company is revising guidance for full-year 2022 net sales to between $2.0 billion and $2.1 billion with 2022 full-year earnings per share excluding restructuring to the range of $4.08 and $4.18, reflecting an increase in earnings per share guidance midpoint to $4.13. Aankondiging • Oct 25
Franklin Electric Co., Inc. Declares Quarterly Cash Dividend, Payable on November 17, 2022 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.195 per share payable November 17, 2022, to shareholders of record on November 3, 2022. Aankondiging • Oct 12
Franklin Electric Co., Inc. to Report Q3, 2022 Results on Oct 25, 2022 Franklin Electric Co., Inc. announced that they will report Q3, 2022 results at 8:00 AM, US Eastern Standard Time on Oct 25, 2022 Recent Insider Transactions • Aug 18
VP & President of Global Water recently sold €467k worth of stock On the 16th of August, Donald Kenney sold around 5k shares on-market at roughly €93.44 per share. In the last 3 months, there was an even bigger sale from another insider worth €2.3m. Insiders have been net sellers, collectively disposing of €4.0m more than they bought in the last 12 months. Recent Insider Transactions • Aug 03
Chairman recently sold €2.3m worth of stock On the 29th of July, Gregg Sengstack sold around 26k shares on-market at roughly €86.63 per share. This was the largest sale by an insider in the last 3 months. Gregg has been a seller over the last 12 months, reducing personal holdings by €3.3m. Aankondiging • Jul 27
Franklin Electric Co., Inc. Revises Consolidated Earnings Guidance for the Full Year 2022 Franklin Electric Co., Inc. revised consolidated earnings guidance for the full year 2022. For the period, the company increased consolidated net sales to between $2.00 billion and $2.15 billion. Furthermore, the company revised and increased 2022 full-year earnings per share excluding restructuring to between $4.00 and $4.20. Reported Earnings • Jul 27
Second quarter 2022 earnings released: EPS: US$1.27 (vs US$0.84 in 2Q 2021) Second quarter 2022 results: EPS: US$1.27 (up from US$0.84 in 2Q 2021). Revenue: US$551.1m (up 26% from 2Q 2021). Net income: US$59.2m (up 52% from 2Q 2021). Profit margin: 11% (up from 8.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.7%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year. Aankondiging • Jul 26
Franklin Electric Declares Payment of Quarterly Cash Dividend, Payable August 18, 2022 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.195 per share payable August 18, 2022, to shareholders of record on August 4, 2022. Aankondiging • Jul 13
Franklin Electric Co., Inc. to Report Q2, 2022 Results on Jul 26, 2022 Franklin Electric Co., Inc. announced that they will report Q2, 2022 results at 8:00 AM, US Eastern Standard Time on Jul 26, 2022 Recent Insider Transactions • May 11
VP & CFO recently bought €134k worth of stock On the 9th of May, Jeffery Taylor bought around 2k shares on-market at roughly €66.79 per share. This was the largest purchase by an insider in the last 3 months. This was Jeffery's only on-market trade for the last 12 months. Aankondiging • May 08
Franklin Electric Co., Inc. Elects Chris Villavarayan to Director The board of directors of Franklin Electric Co., Inc. has elected Chris Villavarayan to be a director of the Company effective May 6, 2022. Mr. Villavarayan has been the Chief Executive Officer and President of Meritor, Inc. since March 2021. Prior to his appointment as CEO, Mr. Villavarayan held a number of positions of increasing responsibility within Meritor, most recently serving as Executive Vice President and Chief Operating Officer of Meritor with oversight of the company’s global operations for its Global Truck and Aftermarket & Industrial business segments. Aankondiging • May 07
Franklin Electric Co., Inc., Annual General Meeting, May 06, 2022 Franklin Electric Co., Inc., Annual General Meeting, May 06, 2022. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$0.64 (vs US$0.60 in 1Q 2021) First quarter 2022 results: EPS: US$0.64 (up from US$0.60 in 1Q 2021). Revenue: US$451.5m (up 36% from 1Q 2021). Net income: US$29.8m (up 7.5% from 1Q 2021). Profit margin: 6.6% (down from 8.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 13%, compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year and the company’s share price has also increased by 19% per year. Aankondiging • Apr 27
Franklin Electric Co., Inc. Announces Earnings Guidance for the Full Year 2022 Franklin Electric Co., Inc. announced earnings guidance for the full year 2022. For the year, the company is maintaining its full year 2022 sales to be in the range of $1.90 billion to $2.05 billion and full year 2022 earnings per share before restructuring expenses to be in the range from $3.50 to $3.75. Aankondiging • Apr 26
Franklin Electric Co., Inc Declares Payment of Quarterly Cash Dividend, Payable May 19, 2022 Franklin Electric Co., Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.195 per share payable May 19, 2022, to shareholders of record on May 5, 2022. Aankondiging • Apr 13
Franklin Electric Co., Inc. to Report Q1, 2022 Results on Apr 26, 2022 Franklin Electric Co., Inc. announced that they will report Q1, 2022 results at 8:00 AM, US Eastern Standard Time on Apr 26, 2022 
